Blue Apron delivers: shares rise in stock debut

New York • Meal-kit company Blue Apron delivered a small win to Wall Street Thursday: Its shares rose in their stock market debut. The stock jumped as much as 10 percent in its debut but quickly retreated from that peak and was up about 1 percent in afternoon trading. Blue Apron ships boxes to customers filled with all the raw ingredients needed to make home-cooked meals. It has many rivals, including HelloFresh and Plated, and there are concerns that competition to deliver groceries to people’s...

Share this post